KG BUKIT PANAU ESTATE

KG BUKIT PANAU ESTATE in Tanah Merah, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 340K and a median price per square foot (PSF) of RM 59.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 340K, with most transactions falling within a stable range of RM 300K to RM 380K, and a typical market range of RM 314K to RM 366K.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 59, with most transactions between RM 54 and RM 63. The usual range is RM 56.50 to RM 60.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 4.00 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.